Linux Foundation FOCP Actual Tests : FinOps Certified Practitioner

Linux Foundation FOCP Exam Syllabus Topics:

Linux Foundation FinOps Certified Practitioner Sample Questions:

1. __________ measures how many dollars of outlay it takes to generate revenue in a specific period.

A) Capitalization
B) Costs of goods sold (COGS)
C) Cost allocation
D) Deprecation

2. When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.
What is the primary goal for the procurement business unit? (Select One)

A) Drive best practices into the organization through education, standardization, and cheerleading
B) Cloud platform relationship management
C) Assurance that cloud investments are aligned with business objectives
D) Quickly bring new products and features to market with an accurate price point.

3. This term describes the amount of a commitment-based discount that went unused for a given time frame.

A) Blended cost
B) Uncommitted capacity
C) Vacancy
D) Amortization

4. Which stage in the FinOps Adoption Process would we be 'performing initial resourcing' such as getting budget approval?

A) Stage 2 - Socializing FinOps for adoption in an organization
B) Stage 1 - Planning for FinOps in an Organization (Laying the groundwork)
C) Stage 3 - Preparing the organization for FinOps

5. Which approach might convince engineers to take concrete action toward cost optimization?

A) Mandatory tagging and labelling guidelines for 100% of all resources before automated deletion
B) Education and enablement in financial processes and more clarity around the impact of commitment based discounts on engineering costs
C) Creating tighter governance controls to avoid the need for any rework or optimization later
D) A combination of governance and culture change to make the case for cost-efficient engineering practices

Solutions: